In a significant move, Ithaca Energy, in partnership with Equinor, the Operator, has officially greenlit Phase 1 of the Rosebank field development on the UK Continental Shelf, committing a substantial $3.8 billion to the venture. The North Sea Transition Authority (“NSTA”) has granted its consent for the field’s development, marking a pivotal moment in the […]
Ithaca Energy, a fully-owned subsidiary of Delek Group, has wrapped up the previously announced $1.46 billion acquisition of Scotland-based oil and gas company Siccar Point Energy. The deal, which was announced in April 2022, is expected to help Ithaca Energy become a major exploration and production (E&P) operator in the UK North Sea. The combined […]
